STATISTICS
- America’s top 10 percent now average more than nine times as much income as the bottom 90 percent.
- Over the past five decades, the top 1 percent of American earners have nearly doubled their share of national income, while the poverty rate has remained the same.
- The top 1 percent of earners in the US earn 85 times as much as the bottom 20 percent.
- Between 2009 and 2018, the bottom 90 percent had wage growth of just 6.8 percent, compared to 19.2 percent for the top 0.1 percent.
- Worker hourly compensation has flat-lined since the mid-1970s, increasing just 24 percent from 1979 to 2018, while worker productivity has increased 134 percent over the same time period, as shown by Economic Policy Institute research.
WEBSITES
https://www.cbpp.org/research/poverty-and-inequality/a-guide-to-statistics-on-historical-trends-in-income-inequality
https://www.epi.org/publication/income-inequality-in-the-us/
https://www.census.gov/topics/income-poverty/income-inequality.html
https://inequality.org/facts/income-inequality/
https://fred.stlouisfed.org/series/2020RATIO051710
